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Field Solutions Holdings Ltd Sells TasmaNet and Initiates Asset Sales

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Field Solutions Holdings Ltd ( (AU:FSG) ) has shared an announcement.

Field Solutions Holdings Ltd has announced the sale of its TasmaNet business and certain managed services assets to Comms Group Ltd, with the transaction expected to close in the coming weeks. Additionally, the company is initiating a sale process for its Mobile Tower and Fixed Wireless assets, indicating a strategic shift in its business operations.

More about Field Solutions Holdings Ltd

Field Solutions Holdings Ltd operates in the telecommunications industry, providing managed services and technology solutions. The company focuses on delivering mobile tower and fixed wireless services, as well as data center operations.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$17.02M

Learn more about FSG stock on TipRanks’ Stock Analysis page.

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